Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) Receives Consensus Rating of “Moderate Buy” from Brokerages

Reckitt Benckiser Group PLC (OTCMKTS:RBGLY) has earned a consensus rating of “Moderate Buy” from the eight brokerages that are presently covering the stock, MarketBeat Ratings reports. Four analysts have rated the stock with a hold recommendation, two have given a buy recommendation and two have issued a strong buy recommendation on the company.

RBGLY has been the topic of several research reports. Zacks Research upgraded shares of Reckitt Benckiser Group from a “strong sell” rating to a “hold” rating in a research note on Monday, June 15th. Kepler Capital Markets raised shares of Reckitt Benckiser Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 17th. Finally, Morgan Stanley raised shares of Reckitt Benckiser Group from an “equal weight” rating to an “overweight” rating in a research report on Monday, March 16th.

Reckitt Benckiser Group Price Performance

RBGLY stock opened at $13.22 on Tuesday. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.63 and a current ratio of 0.85. The company’s 50-day simple moving average is $12.69 and its 200 day simple moving average is $14.70. Reckitt Benckiser Group has a 52 week low of $12.02 and a 52 week high of $17.80.

About Reckitt Benckiser Group

Reckitt Benckiser Group plc is a multinational consumer goods company that develops, manufactures and markets health, hygiene and home products. Its portfolio spans over-the-counter medicines and health products, personal and sexual wellness, surface and laundry cleaning, and household care. The company owns a number of well-known global brands across these categories, including Lysol and Dettol in disinfectants and hygiene, Durex in sexual wellness, Nurofen in analgesics, and Finish in dishwashing products.

The firm has its corporate headquarters in the United Kingdom and sells products in markets around the world, serving consumers across North America, Europe, Asia, Latin America, the Middle East and Africa.